The Life Settlements Report - December 6, 2007

Life Settlement and Insurance Industries Laud Proposal

A new proposed model act for states developing legislation to regulate life settlements has won support from both the life settlement and life insurance industries. Full Story

Life settlement companies are increasingly registering as broker-dealers in order to satisfy regulatory requirements for settling variable life insurance policies. Full Story

Settlement Market Left Subject to State Regulation

The U.S. Supreme Court's refusal to take up a case involving the life settlement industry means that the sale of life insurance on the secondary market can be regulated by the states. Full Story

• Ohio Life Settlements Bill May Be Subject of Dec. 11 Hearing
• Congressmen Want Treasury Department to Issue STOLI Tax Warning
• A.M. Best Starts Structured Finance Web Portal
• Massachusetts Gets Cease-and-Desist Order in Case of Alleged Fraud
• Life Expectancy Firm 21st Services Forms Medical Board
• Life-Exchange Reports Profit
• New York's Seward to Head Insurance Legislators' Group
• Ohio Provider Obtains License In North Dakota
• New Insurance Regulator Hired for Oregon
• Democrat Enters Race for North Dakota Insurance Commissioner Post